Tesla may fall to 200.00 - 205.00

Pivot

219.00

Our preference

Short positions below 219.00 with targets at 205.00 & 200.00 in extension.

Alternative scenario

Above 219.00 look for further upside with 225.00 & 231.00 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

231.00

225.00

219.00

210.69 Last

205.00

200.00

195.00

Number of asterisks represents the strength of support and resistance levels.